C
Great Bay Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.00
Risk Adjusted
Capital Ratio #2
2.70
Loss
Ratio
2,557.14%
Total
Assets
39.42M
Capital
12.65M
Net
Premiums
-914.42K
Net
Income
2.54M
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Weiss Ratings Great Bay Ins Co
Pleasantville, NJ 		Click to
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Rating C
Capitalization Index 8.60
Investment Safety Index --
Liquidity Index 7.50
Profitability Index 5.50
Reserve Adequacy Index 7.50
Stability Index 2.50
Company Info Great Bay Ins Co
Pleasantville, NJ 		Click to
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Industry P&C
NAIC Number 16620
Phone Number (609) 434-2000
Website www.greatbayinsurancegroup.com
Address 8025 Black Horse Pike Pleasantville, NJ 08232
Balance Sheet Great Bay Ins Co
Pleasantville, NJ 		Click to
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Total Assets 39.42M
Capital and Reserves Great Bay Ins Co
Pleasantville, NJ 		Click to
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Risk-Adjusted Capital Ratio #1 3.00
Risk-Adjusted Capital Ratio #2 2.70
1-Year Reserve Development 50.00%
2-Year Reserve Development -610.00%
Capital 12.65M
Premium to Surplus -10.00%
Reserves to Surplus 20.00%
Investments Great Bay Ins Co
Pleasantville, NJ 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Great Bay Ins Co
Pleasantville, NJ 		Click to
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Medical Loss Ratio --
Cash From Underwriting -370.00%
Combined Ratio 3,020.00%
Expense Ratio 470.00%
Loss Ratio 2,557.14%
Net Premium Growth -120.00%
Other Medical Great Bay Ins Co
Pleasantville, NJ 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Great Bay Ins Co
Pleasantville, NJ 		Click to
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Net Income 2.54M
Net Premium -914.42K
Health Premium --